Advanced Lease Accounting: Navigating Complex Scenarios Under ASC 842

June 26, 2025 | 1:00 pm CT

Lease accounting doesn’t stop at initial adoption. This advanced session dives deep into the ongoing complexities of maintaining compliance with ASC 842. We’ll move beyond the basics to address critical issues including lease term reassessments, impairment considerations, variable payments, related party leases, and embedded lease identification. 

Attendees will learn how to:

• Evaluate complex lease modifications including reassessments of lease term, lease incentives, and the impact of variable payments when indexes change.
• Identify and account for embedded leases and related party arrangements in accordance with ASC 842.
• Apply accounting treatment for leasehold improvements and sale-leaseback transactions, including timing and recognition of incentives received.
• Demonstrate procedures for ongoing lease maintenance, including impairment assessments and reconciliation processes.